Credit Analyst

About the role

At ServisFirst, Our Name is Our Mission.

Responsibilities

• Determining the creditworthiness of potential clients based on financial statements, borrowing history, and market conditions.
• Using tools such as financial models, credit reports, and key ratios to prepare appraisals for loan review, approval, and to determine loan terms.
• Conducting financial analysis and underwriting of credit for new loan requests and loan maturities.
• Contacting Loan Officers to request necessary financial information for analysis (e.g., balance sheets, tax returns, financial statements).
• Determining the strength and/or weakness of the client’s credit to determine loan terms.
• Running reports that show past or current maturities and requesting necessary information.
• Occasionally preparing underwriting/credit memos after collecting all financial information and circulating memos for approvals from appropriate parties.
• Generating/compiling various monthly reports including but not limited to past due loans, maturing loans, collateral exception reports, outstanding appraisal fees, loan type summaries, and internal credit administration reporting.
• Generating/compiling the board report and other various ad hoc reports as requested.
• Tracking borrowing base and marketable securities.
• Maintaining and updating the nCino system.
• Responding to subpoenas dealing with credit information.
• Ordering appraisals, conducting appraisal reviews, and serving as liaison for appraisal vendors.
• Being familiar with all compliance regulations and policies applicable to the position and ensuring compliance.

Requirements

• Sustained standing and sitting
• Frequent use of PC, including typing or sustained attention to monitor
• Occasional lifting of basic office files or equipment up to